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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would be a little careful of shorting. Apollo Tyres is suggesting that some kind of a pause has come in the upmove, so perhaps that could be considered for a short sell. I am more on the bullish side today."

" ICICI Bank has gained a lot, but Axis Bank is today’s choice. If the markets hold on, Axis could be an outperformer," he said.